Hyundai Motor, Dublin-based auto tech firm Aptiv to set up $4b self-driving JV

Hyundai Motor, Dublin-based auto tech firm Aptiv to set up $4b self-driving JV

REUTERS/Kim Hong-Ji

South Korea’s Hyundai Motor Group and Dublin-headquartered auto technology firm Aptiv said on Monday they are creating a 50:50 autonomous driving joint venture valued at $4 billion.

This marks the biggest bet made by Hyundai Motor Group, which is widely seen as a latecomer to the field of future mobility technology.

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